Juan

Juan is a member of the “Santa Ana” communal bank. He’s 33-years-old and is in a common law relationship. He supports his family with much effort and dedication because his main economic activity is selling basic staples like rice, sugar, noodles, oil and other things. He has a sales stand where he sells his goods to neighbors, friends, family members and other people. He’s been in this business for several years now and does very well thanks to the effort he puts into his work.

On this occasion he needs the loan to buy sacks of rice, sacks of sugar, noodles, jugs of milk and bread to increase his business capital. He is grateful for and values the loan and commits to make his monthly installment payments very responsibly.

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About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).